DGAP-News: SMARTRAC Announces Effective Delisting from Frankfurt Stock Exchange
(firmenpresse) - DGAP-News: SMARTRAC N.V. / Key word(s): Delisting
SMARTRAC Announces Effective Delisting from Frankfurt Stock Exchange
29.05.2013 / 09:05
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SMARTRAC Announces Effective Delisting from Frankfurt Stock Exchange
Amsterdam, May 29, 2013 - SMARTRAC N.V. (stock abbreviation SM7) (the
'Company'), today announced that the delisting of its ordinary bearer
shares, ISIN NL0000186633, from the regulated market of the Frankfurt Stock
Exchange became effective. On the Company's request, the Frankfurt Stock
Exchange revoked the listing of the Company's shares from the regulated
market (Prime Standard) effective at the end of day on May 28, 2013.
The SMARTRAC Management Board resolved to apply for a voluntary delisting
in September 2012 due to the low free float of only 2.8 percent, the
resulting low trading volumes of its shares, the listing fees and
compliance administration costs. On November 30, 2012, the Frankfurt Stock
Exchange decided to accept the application.
'The delisting from the Frankfurt Stock Exchange represents a turning point
in our company history,' said Christian Uhl, Co-Chairman and CFO. 'At the
same time, we are very pleased that we have a strong and committed majority
shareholder as well as reliable financial partners on our side to accompany
the further successful development and growth of our company. We would like
to thank all of our shareholders, professional analysts, and institutional
investors for their support over the past years and we look forward to stay
in contact.'
Upon effectiveness of the delisting and the concomitant notarization of the
Company's adapted Articles of Association, bearer shares in SMARTRAC N.V.
will be converted into registered shares. A current shareholder may only
exercise his rights after having been registered as shareholder in the
Company's shareholder's register.
Shareholders in SMARTRAC N.V. are therefore asked to contact their
depositary bank to transfer their bearer shares along with their name and
address to Deutsche Bank Aktiengesellschaft, Frankfurt, as the central
settlement agent of the Company, up to and including July 29, 2013, for
entry into the Company's register of shareholders.
About SMARTRAC:
SMARTRAC is the leading developer, manufacturer, and supplier of RFID and
NFC transponders and inlays. The company produces both ready-made and
customized transponders and inlays used in access control, animal
identification, automated fare collection, border control, RFID-based car
immobilizers, contactless payment cards, electronic product identification,
industry, libraries and media management, laundry, logistics, mobile and
smart media, public transport, retail, and many more.
SMARTRAC was founded in 2000 and has its registered headquarters in
Amsterdam, The Netherlands. The company currently employs approximately
3,600 employees and maintains a global research and development,
production, and sales network.
If you have any questions, please contact:
Tanja Moehler
Head of Corporate Communications&Marketing
SMARTRAC N.V.
Phone: +31 20 30 50 157
Email: tanja.moehler(at)smartrac-group.com
Internet: www.smartrac-group.com
Twitter: www.twitter.com/SMARTRAC_NV
Forward-looking statements:
All forward-looking statements contained in this press release are based on
assumptions, planning, and forecasts at the time of publication of this
press release. Forward-looking statements always involve uncertainties.
Business and economic risks and developments, the conduct of competitors,
political decisions, and other factors may cause the actual results to be
materially different from the assumptions, planning, and forecasts at the
time of publication of this press release. Therefore, SMARTRAC N.V. does
not assume any responsibility relating to forward-looking statements
contained in this press release. Furthermore, SMARTRAC N.V. does not assume
any obligation to update the forward-looking statements contained in this
press release.
End of Corporate News
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29.05.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: SMARTRAC N.V.
Strawinskylaan 851
1077 XX Amsterdam
Netherlands
Phone: +31 20 30 50 157
Fax: +31 20 30 50 155
E-mail: investor.relations(at)smartrac-group.com
Internet: www.smartrac-group.com
ISIN: NL0000186633
WKN: A0JEHN
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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213611 29.05.2013
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Unternehmensinformation / Kurzprofil:
Datum: 29.05.2013 - 09:05 Uhr
Sprache: Deutsch
News-ID 264148
Anzahl Zeichen: 5134
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Kategorie:
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